NEW WORLD COMPANY
InactiveNEW WORLD COMPANY was declared bankrupt on 07-07-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 30-06-2026, published in the Belgian State Gazette on 08-07-2026.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-06-2022, 33 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
33 d early
2020
125 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-16k▲ 67.0%
2020 · €-49k
2018: €24k
2019: €1k
2020: €-49k
2018 → 2021
Working capital
€-17k
2020 · €6k
2018: €38k
2019: €36k
2020: €6k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€37k-€38k▲ 3.5%€-12k€-28k▼ 142%
Operating result€38k-€6k▼ 85.0%€-46k€-11k▲ 76.1%
Net result€24k-€1k▼ 94.8%€-49k€-16k▲ 67.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2021 against €46k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €53k
Fixed assets
€725 ▼ 73.9%
Current assets
€53k ▲ 3.3%
Key figures and ratios
EBITDA
€-8k▲
2020 · €-42k
Cash flow
€-14k▲
2020 · €-45k
Solvency
-51.9%▼
2020 · -21.4%
Current ratio
0.76▼
2020 · 1.14
Debt to equity
-2.93▼
2020 · -1.79
ROA
-30.4%▲
2020 · -91.6%
Interest coverage
-2.17
Debt
€81k▲
2020 · €65k
Debt ≤ 1 year
€70k▲
2020 · €45k
Debt > 1 year
€11k▼
2020 · €21k
Income taxes
€1k
Staff costs
€59k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 42 lines
Balance sheet
Code20202021
Assets
Total assets20/58€54k€53k▼
Fixed assets21/28€3k€725▼
Tangible fixed assets22/27€3k-
Financial fixed assets28€145€725▲
Current assets29/58€51k€53k▲
Amounts receivable within one year40/41€44k€50k▲
Trade receivables40-€40k
Other amounts receivable41-€9k
Cash at bank and in hand54/58€4k-
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€54k€53k▼
Equity10/15€-12k€-28k▼
Contributions10/11-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-32k€-48k▼
Amounts payable17/49€65k€81k▲
Amounts payable after more than one year17€21k€11k▼
Financial debts170/4-€11k
Amounts payable within one year42/48€45k€70k▲
Current portion of amounts payable after more than one year42-€9k
Financial debts43-€9k
Credit institutions430/8-€9k
Trade debts44€14k€13k▼
Suppliers440/4-€13k
Taxes, remuneration and social security45-€38k
Taxes450/3-€19k
Remuneration and social security454/9-€20k
Income statement
Code20202021
Remuneration, social security and pensions62-€59k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8-€4k
Gross operating margin9900€29k€54k▲
Operating profit (loss)9901€-46k€-11k▲
Financial charges65/66B-€4k
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-49k€-15k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-49k€-16k▲
Profit (loss) for the period to be appropriated9905€-49k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-48k
Profit (loss) brought forward from the previous period14P-€-32k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
08-07
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · NEW WORLD COMPANY SPRL AVENUE LOUISE 367, 1050 IXELLES. déclarée le 7 juillet 2022 · event 30-06-2026
2022
13-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · NEW WORLD COMPANY SPRL AVENUE LOUISE 367, 1050 IXELLES · event 07-07-2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 125 days late
2020
31-12
Financial
Weakest financial yearnet €-49k ▼3975%
Net result drops to €-49k, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
12-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · AMG CONSTRUCTION SNC AVENUE LE MARINEL 21, 1040. ETTERBEEK · event 05-11-2018
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 77 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 51 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
24-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
17-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
07-07-2022 → 30-06-2026 |
| Curator | JEAN-MICHEL DERICK AVENUE LOUISE 391 BTE 3,
1050 FR BRUXELLES 5 |
05-11-2018 → 30-06-2026 |